SOUTH ORANGE, N.J. (CBSNewYork/AP) — If you’re high school senior looking to attend a private college with public school prices, you’re in luck.

Under a plan announced Wednesday by Seton Hall University, students who rank in the top 10 percent of their high school class will pay the same rate as an in-state student heading to public Rutgers University.

It’s all part of Seton Hall’s new deal to entice top students to the school.

In addition to ranking in the top 10 percent of their class, students must also score at least 1200 on the SAT or 27 on the ACT to qualify and would have to apply by December 15.

For more about the new program, click here.

Their yearly tuition would be $10,104, which would be frozen for four years, as long as they maintain a 3.0 grade-point average.

Regular tuition at the Catholic school in South Orange is $31,440. Room, board and fees add about $13,000.

About one-sixth of this year’s freshman class at Seton Hall would have qualified.

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(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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